Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fuel Tech's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $43.71 Mil. Fuel Tech's Total Assets for the quarter that ended in Dec. 2023 was $50.39 Mil.
Therefore, Fuel Tech's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.87.
The historical rank and industry rank for Fuel Tech's Equity-to-Asset or its related term are showing as below:
FTEK'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66 Med: 0.78 Max: 0.92
Current: 0.87
During the past 13 years, the highest Equity to Asset Ratio of Fuel Tech was 0.92. The lowest was 0.66. And the median was 0.78.
FTEK's Equity-to-Asset is ranked better than 93.55% of 3024
companies
in the Industrial Products industry
Industry Median: 0.56
vs FTEK: 0.87
Fuel Tech Equity-to-Asset Historical Data
The historical data trend for Fuel Tech's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Pollution & Treatment Controls subindustry, Fuel Tech's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fuel Tech Equity-to-Asset Distribution
For the Industrial Products industry and Industrials sector, Fuel Tech's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Fuel Tech's Equity-to-Asset falls into.
Fuel Tech Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Fuel Tech's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fuel Tech (NAS:FTEK) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Fuel Tech Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Fuel Tech's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Fuel Tech Inc is an technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces and other stationary combustion sources. TheFuel Chem technology segment uses chemical processes in combination with advanced Computational Fluid Dynamics and Chemical Kinetics Modeling boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.
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